MOSCOW, February 17 (RAPSI) – The Basmanny District Court of Moscow had extended the detention of businessman Vasily Boiko-Veliky in the Credit-Express bank embezzlement case, the court press-secretary Irina Morozova told RAPSI on Monday.

Earlier, the Moscow City Court has dismissed an appeal filed by Boiko-Veliky against his detention.

Thus, he will stay jailed until May 19, 2020.

According to the Investigative Committee, other defendants in the case along with the businessman are bank director Alla Kabanova, chief accountant Maria Antonova and four other employees of Credit-Express Anastasia Novotnaya, Egor Pikhtin, Elena Chuyeva and Natalya Tsipinova.

They have allegedly embezzled over 180 million rubles ($2.8 million) and $929,000. Investigators have detected 31 counts of embezzlement, the statement reads.

Moreover, investigators are checking facts of withdrawal of assets by granting unsecured and loss loans to legal entities, according to the news release.

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